The Limit, Save and Grow Act passed after Kevin McCarthy struck two 11th hour backroom deals with GOP holdouts. It has little to no chance of becoming law.
A Republican bill to raise the debt limit and slash government funding passed the House after 11th hour tweaks won over a group of GOP holdouts.
House Speaker Kevin McCarthy walks following a closed door meeting on Captiol Hill in Washington, April 26, 2023.to raise the debt limit and slash government funding passed the House on Wednesday, after 11th hour changes won over a group of holdouts within the GOP caucus. Another bloc of conservatives demanded that McCarthy revise the bill to speed up implementation of new work requirements for adults who receive food stamps or Medicaid benefits. McCarthy also agreed to that demand., McCarthy could not afford to lose either bloc's support.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden will veto McCarthy's debt limit package, White House announcesPresident Joe Biden will veto House Speaker Kevin McCarthy's (R-CA) debt limit bill, should it pass both chambers of Congress.
Read more »
Biden accuses McCarthy of breaking GOP 'Commitment to America' agenda with debt ceiling billEXCLUSIVE: The White House is accusing House Republicans of breaking their “Commitment to America' agenda with their proposed bill to raise the debt ceiling, and claiming President Biden is the only one who is demonstrating “an actual commitment' to the United States.
Read more »
Senate GOP laments House Speaker McCarthy plan to kick debt ceiling to election year: reportSome Senate Republicans are reportedly leery of House Speaker Kevin McCarthy, R-Calif., pushing the debt ceiling debate into an election year.
Read more »
As GOP Targets Food Aid, House Dems Remind McCarthy of $1.9 Trillion in Trump Tax Cuts'In tax cuts in 2017 passed by the other side of the aisle, we see wonderful tax cuts for yacht owners and private jets,' said Rep. Alexandria Ocasio-Cortez. 'But in order to balance our budget now, we're talking about cuts to SNAP, to food out of babies' mouths.'
Read more »
Biden will veto US House Speaker McCarthy's debt bill if it passed CongressIf U.S. President Joe Biden were to be presented with Republican House of Representatives Speaker Kevin McCarthy's spending and debt bill, he would veto it, the White House said on Tuesday.
Read more »
House narrowly passes McCarthy’s debt ceiling bill as eyes turn to Biden to restart talksThe House narrowly passed Speaker Kevin McCarthy’s debt ceiling bill on Wednesday, handing the Republican leader a key legislative win and setting the stage for him to restart negotiations with the White House before risking a default on the country’s loans.
Read more »